Willis Towers Watson (NASDAQ:WLTW) Stock Rating Lowered by ValuEngine

Willis Towers Watson (NASDAQ:WLTW) was downgraded by ValuEngine from a “hold” rating to a “sell” rating in a research report issued on Tuesday, ValuEngine reports.

Several other analysts also recently commented on WLTW. Morgan Stanley cut their target price on Willis Towers Watson from $215.00 to $209.00 and set an “overweight” rating on the stock in a research note on Thursday, August 15th. Wells Fargo & Co reiterated a “buy” rating and set a $225.00 target price on shares of Willis Towers Watson in a research note on Sunday, November 24th. BidaskClub upgraded Willis Towers Watson from a “sell” rating to a “hold” rating in a research note on Thursday, November 28th. Finally, Barclays set a $235.00 target price on Willis Towers Watson and gave the company a “buy” rating in a research note on Monday, August 12th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $204.09.

Shares of WLTW opened at $195.22 on Tuesday. The business’s fifty day simple moving average is $188.80 and its two-hundred day simple moving average is $190.53. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.63. Willis Towers Watson has a 12 month low of $144.13 and a 12 month high of $200.93. The company has a market cap of $25.26 billion, a price-to-earnings ratio of 20.06, a P/E/G ratio of 1.66 and a beta of 0.81.

Willis Towers Watson (NASDAQ:WLTW) last issued its earnings results on Thursday, October 31st. The financial services provider reported $1.31 EPS for the quarter, beating the consensus estimate of $1.30 by $0.01. Willis Towers Watson had a return on equity of 13.01% and a net margin of 10.07%. The business had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $1.98 billion. During the same period last year, the business posted $1.32 EPS. The company’s revenue was up 7.0% compared to the same quarter last year. As a group, research analysts forecast that Willis Towers Watson will post 10.92 EPS for the current year.

In other news, insider Joseph Gunn sold 2,690 shares of the stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $189.07, for a total transaction of $508,598.30. Following the transaction, the insider now directly owns 17,912 shares of the company’s stock, valued at approximately $3,386,621.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.75% of the stock is owned by corporate insiders.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Redhawk Wealth Advisors Inc. bought a new position in shares of Willis Towers Watson during the 2nd quarter valued at $31,000. Private Ocean LLC purchased a new position in shares of Willis Towers Watson during the second quarter valued at about $38,000. Parallel Advisors LLC grew its position in shares of Willis Towers Watson by 66.9% during the third quarter. Parallel Advisors LLC now owns 227 shares of the financial services provider’s stock valued at $44,000 after purchasing an additional 91 shares in the last quarter. Signaturefd LLC grew its position in shares of Willis Towers Watson by 56.4% during the third quarter. Signaturefd LLC now owns 269 shares of the financial services provider’s stock valued at $52,000 after purchasing an additional 97 shares in the last quarter. Finally, Thor Advisors LLC purchased a new position in shares of Willis Towers Watson during the third quarter valued at about $52,000. 91.70% of the stock is currently owned by hedge funds and other institutional investors.

About Willis Towers Watson

Willis Towers Watson Public Limited Company operates as an advisory, broking, and solutions company worldwide. The company's Human Capital and Benefits segment offers actuarial support, plan design, and administrative services for traditional pension and retirement savings plans; plan management consulting, broking, and administration services for health and group benefit programs; and benefits outsourcing services.

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